Decision 2014/119 - Restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine - Main contents
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official title
Council Decision 2014/119/CFSP of 5 March 2014 concerning restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine| Legal instrument | Decision |
|---|---|
| Number legal act | Decision 2014/119 |
| CELEX number i | 32014D0119 |
| Document | 05-03-2014 |
|---|---|
| Publication in Official Journal | 06-03-2014; OJ L 66 p. 26-30 |
| Effect | 06-03-2014; Entry into force Date pub. See Art 5 |
| End of validity | 06-03-2025; Ext. valid. by 32024D0828 |
6.3.2014 |
EN |
Official Journal of the European Union |
L 66/26 |
COUNCIL DECISION 2014/119/CFSP
of 5 March 2014
concerning restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on European Union, and in particular Article 29 thereof,
Whereas:
(1) |
On 20 February 2014, the Council condemned in the strongest terms all use of violence in Ukraine. It called for an immediate end to the violence in Ukraine, and full respect for human rights and fundamental freedoms. It called upon the Ukrainian Government to exercise maximum restraint and opposition leaders to distance themselves from those who resort to radical action, including violence. |
(2) |
On 3 March 2014, the Council agreed to focus restrictive measures on the freezing and recovery of assets of persons identified as responsible for the misappropriation of Ukrainian State funds and persons responsible for human rights violations, with a view to consolidating and supporting the rule of law and respect for human rights in Ukraine. |
(3) |
Further action by the Union is needed in order to implement certain measures, |
HAS ADOPTED THIS DECISION:
Article 1
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1.All funds and economic resources belonging to, owned, held or controlled by persons having been identified as responsible for the misappropriation of Ukrainian State funds and persons responsible for human rights violations in Ukraine, and natural or legal persons, entities or bodies associated with them, as listed in the Annex, shall be frozen.
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2.No funds or economic resources shall be made available, directly or indirectly, to or for the benefit of natural or legal persons, entities or bodies listed in the Annex.
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3.The competent authority of a Member State may authorise the release of certain frozen funds or economic resources, or the making available of certain funds or economic resources, under such conditions as it deems appropriate, after having determined that the funds or economic resources concerned are:
(a) |
necessary to satisfy the basic needs of the natural persons listed in the Annex and their dependent family members, including payments for foodstuffs, rent or mortgage, medicines and medical treatment, taxes, insurance premiums, and public utility charges; |
(b) |
intended exclusively for the payment of reasonable professional fees and the reimbursement of incurred expenses associated with the provision of legal services; |
(c) |
intended exclusively for the payment of fees or service charges for the routine holding or maintenance of frozen funds or economic resources; or |
(d) |
necessary for extraordinary expenses, provided that the competent authority has notified the competent authorities of the other Member States and the Commission of the grounds on which it considers that a specific authorisation should be granted, at least two weeks prior to the authorisation. |
The Member State concerned shall inform the other Member States and the Commission of any authorisation granted under this paragraph.
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4.By way of derogation from paragraph 1, the competent authorities of a Member State may authorise the release of certain frozen funds or economic resources, provided that the following conditions are met:
(a) |
the funds or economic resources are the subject of an arbitral decision rendered prior to the date on which the natural or legal person, entity or body referred to in paragraph 1 was listed in the Annex, or of a judicial or administrative decision rendered in the Union, or a judicial decision enforceable in the Member State concerned, prior to or after that date; |
(b) |
the funds or economic... |
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